Posting Acquisition of Leased Asset (Operating Lease)
Procedure
Analyze the lease according to the data required for valuation:
Amount of the lease payments (net, without input tax)
Number of payments
Payment cycle
Pre-payment or post-payment
Create the leased asset:
Choose an asset class, which has no active depreciation areas, or in which only the cost-accounting area is active.
Specify the conditions of the lease in the asset master record. This data is required in order to evaluate the leased assets using the corresponding standard report.
Enter a leasing type for the operating lease method.
Maintain the specifications for the depreciation area in the asset master record. In particular, make sure that only the cost-accounting depreciation area is active (no book or tax depreciation).
Post the asset acquisition using a transaction type that only posts to cost-accounting depreciation areas (020).
If necessary, post one-time payments as ‘debit of invoice - line item, credit to vendor’ (Accounting
® Financial Accounting ® Accounts payable).
In the General Ledger menu, manually create a recurring document for the lease payments according to the conditions of the lease (Postings ® Reference document ® Recurring document)
Posting Acquisition of Leased Asset (Operating Lease) 